Ballast Nedam as the ultimate parent company
of its dissolved subsidiary Ballast
The question is, "can this subsidiary be independently successful without intervention by the parent company
, if the parent company
were to dissolve?
And until its parent company
gets its house in order, Mission Bufete will have to remain content watching from the sidelines as other firms enjoy the building boom in Houston.
The following guidelines should help a parent company
minimize its exposure to environmental liability:
In that case, the shareholder-employees of the parent company
might be able to participate in employee benefits offered by the lower tier company and receive the tax advantages that only a C corporation can provide its employees.
Questions such as control versus ownership, economic unit versus parent company
versus proportionate consolidation concepts, and procedures for measuring identifiable assets and liabilities and goodwill of consolidated subsidiaries have been percolating for about a century and, for the most part, have been addressed in the official accounting literature on an ad hoc basis, if at all.
Fitch would expect that management will use the proceeds to retire parent company
debt and/or redeploy in new investments.
Carrollton Bancorp is the parent company
of Carrollton Bank, a commercial bank serving the deposit and financing needs of both consumers and businesses through a system of 10 branch offices in central Maryland.
UMC is the world`s second largest semiconductor foundry and parent company
Fogel, Chairman of USEB and Chief Executive Officer of USEB's parent company
NASDAQ: SYBT), parent company
of Stock Yards Bank & Trust Company in Louisville, southern Indiana and Indianapolis, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.
The Group's parent company
, Metsaliitto Cooperative, and its subsidiaries Metsa-Botnia, M-real and Metsa Tissue operate in 30 countries worldwide.